Photo: Consejo de Ministros (PMC).
The President of the Council of Ministers of Peru, Eduardo Arana, stated on Wednesday, July 9, that the Government has not authorized any investment in the bioceanic railway project promoted by China and Brazil. This infrastructure, still in the study phase, aims to connect the Brazilian state of Mato Grosso with the port of Chancay, located north of Lima, through a transcontinental railway corridor.
“What the Government of Brazil may have discussed with China is a project they are free to pursue, but that in no way implies that the Government of Peru has participated, nor was it required to do so,” Arana said during a press conference. He also stressed that the estimated cost of US$10 billion, in the event of potential Peruvian involvement, would require a thorough evaluation by the Ministry of Transport and Communications.
Two days earlier, on Monday, July 7, Brazil and China signed a memorandum of understanding to begin studies for the project. In response, Peruvian Foreign Minister Elmer Schialer clarified that it is a “preliminary agreement” with no binding legal force, and noted that “Peru is an inescapable partner” in the initiative, but that it is still necessary to assess how it would be implemented.
The bioceanic railway has been under discussion for years as a logistical alternative to facilitate trade between South America and Asia. Initially, the plan envisioned connecting Brazil to a southern Peruvian port in the Moquegua region. However, the recent inauguration of the port of Chancay, built with Chinese and Peruvian capital, has positioned it as a key hub for future regional integration projects.
* Original text in Spanish. Translated by Large Language Model (LLM) technology.
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